Local Appliance Rentals Franchise

£24,950 Minimum Investment

Franchise Description :

Local Appliance Rentals Franchise Opportunity

Part Time:No
Contact Name:Franchise Recruitment Manager

This franchise is no longer featured on Franchise UK.

Low overheads, weekly cash flow and a huge customer base

It’s why 55 franchisees have already joined Local Appliance Rentals in the UK.

Join the World’s fastest growing rental hire franchise

The truth is, we’re getting more rental customers than we can handle.

We urgently need more franchisees to take on some of our best territories. High customer demand means we must recruit this autumn.

150 Franchisees Can’t Be Wrong

Across the globe, our franchisees are making serious profits.

We’ve already been trading for 10 years and franchising for 7.

We’re a global business, and our mature franchisees in the UK, New Zealand and Australia are already drawing down six-figure incomes.

We’re an FCA registered business, with a unique model that’s light on operating costs and high on profits.

The support network is great. Everything is in place in terms of infrastructure and regulation. There is always help from Head Office on any issue. Our Business Development Manager helps me keep my business on track and the marketing manager makes our marketing strategies easy to implement. You never feel that you’re out there on your own.

Matt HallGuisborough Franchisee

£250,000 inside 24 months is typical, but some of our franchisees have achieved even higher earnings in a shorter timeframe:

  • Our Taunton franchisee generated £470,000 of Gross Contract Receivables in 15 months
  • Wolverhampton franchise wrote £285,000 GCR in 18 months
  • Our Stoke Franchisee hit £650,000 GCR in 30 months

Why do Local Appliance Rentals franchisees succeed?

  • A proven business model

    We’ve seen our watertight business plan deliver for more than 150 owners just like you. There’s no limit to what you can achieve, especially with our finance option which will help you generate massive income that Franchisees in other Franchises can only dream about.

  • Unique Finance Available

    World first ‘off-balance sheet’ finance facility available from Head Office for approved applicants to build your rental book.

  • Customers you can count on

    Our affordable rental plans and top-of-the-line appliance choices ensure that our customers keep coming back for more. We have customers in Australia who have been with us for 10 years. Now that’s Loyalty

  • A home-based Business

    Unlike most consumer-facing franchises, our business model doesn’t require a retail presence… You can work from home, investing your hard-earned capital on an as-needed basis into revenue-producing rental assets.

  • A scalable franchise

    You’ll earn a lot with just one territory, but many franchisees reinvest their cash flow as soon as they see what they can earn. It’s not uncommon for a franchisee to own multiple territories and once you have proven yourself head office will be more than willing to finance you into another territory

  • Demand that just keeps growing

    Demand for Local Appliance Rentals is hitting an upward curve as more and more low-income family realise that this is the affordable, debt-free way for families to get the top-of-the-line consumer items they’re looking for.

  • A business your family can rely on

    No high street bank can produce the inflation-beating ROI that Local Appliance Rentals provides. You’ll create a self-sustaining income machine with solid, reliable revenue and a business that can be operated under management so that you are not always at the coal face. That certainly doesn’t happen at your local coffee shop.

Just take a look at the numbers…

As a new franchisee, you’ll need to spend £50,000 to £100,000 in the first two years of trading. What makes LAR unique is what you’ll spend that money on: business assets that produce immediate returns.

Let’s look at what an initial investment of £100,000 will get you:

Entry-level investment starts at £24,950 + VAT for our Gold Franchise and £39,950 + VAT for our Platinum level Franchise. And you will also need to have further working capital to fuel business growth. A line of credit of approximately £50,000 will get you started.

Head office can also provide a finance facility to approved applicants to further grow your Rental book…

As time goes by, your weekly rental payments will start to cover the capital expenditure of new contracts, and before you know it, you’ll be reinvesting your profits to reach scale

Disclaimer: These numbers are for indication purposes only and cannot be guaranteed. We have based these numbers on the typical results achieved by franchisees who have met their targets over an extended period of time. For more specific numbers that take your budget and desired territory into account, please contact us.

Protecting your investment from week 1

Few franchises can promise you immediate income, and fewer still can offer you a such a solid capital investment plan.

Here’s how we reduce your risk:

  • Your money is spent as-and-when you sign up a new customer. You don’t have to hold expensive stock.
  • Your money goes straight into real-world items with a resale value. Even if a customer drops out, you still own a nearly-new item that can be sold on or rented out to another customer.
  • You’re not tied to one product type, so you can adapt to match your local market’s needs. Local Appliance Rentals started with household appliances, and has since grown to include smartphones, furniture, electronics and more.

I would highly recommend this franchise to anyone out there looking to build their own business. Low overheads, you can work flexible hours and most importantly the business model works and is easily scalable.  Highly ethical and very proactive towards responsible lending.

Richard HopkinsLittlehampton Franchisee

Build a business that has significant value and can be operated under management within 24 months.

The value for a Local Appliance Rentals franchise is in building up your Rental book. Sit back and watch your wealth steadily grow to a nest egg that can be worth millions.

All we ask is that you follow the system. Our business model has been fine-tuned over a decade with more than 150 successful franchisees. We need personable individuals who are willing to take the time to understand how the business works and are committed long term.

Next Steps

There will never be a better time to get involved with Local Appliance Rentals.

Our most successful franchisees are personable, savvy business operators with the hunger and resilience needed to build an income stream for the future. We need long-term partners who can commit to a 10-year franchise agreement, and who have the necessary cash reserves to make their territory work.

You’ll be amazed at how quickly the business grows, and you’ll soon realise that few businesses can compare to the work-life balance, cash income and freedom of a LAR franchise.

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